Indonesia

More support planned for micro, small businesses

The Government plan to allocate a subsidy for the interest on loans taken out by MSMEs, as well as streamlining the requirements for borrowing from state SME financing institutions.

Standard Chartered bank to extend credits to SMEs

Standard Chartered Bank will soon extend credits for the development of SMEs and help to familarize the public with the package of government policies to empower SMEs in 10 Indonesian cities.

SMEs to get easier access to new loans

Bank Indonesia will relax its lending requirements to encourage the extending of more loans particularly to small- and medium-sized enterprises (SMEs), says Bank Indonesia Governor

Indonesia to lower interest rate on loans to SMEs

The government and Bank Indonesia, the central bank, will seek to lower the interest rate on loans to small- and medium-scale enterprises or at least

Rabobank acquires two banks in Indonesia

Netherlands-based Rabobank Group signed an agreement today to acquire ownership of the holding companies that own two Indonesian banks

One third of VC firms collapsed last year

One third of the country's venture capital companies are believed to have collapsed in the past year. There were

Bank Negara Indonesia to increase SME lending by 40% in 2006

Bank Negara Indonesia, the country's second biggest state lender by assets, is set to channel loans totalling Rp17 trillion

SMEs to receive finance injection by government

In a bid to improve the performance of cooperatives and small and medium-sized enterprises in Indonesia, the government has...

IFC launches SME initiative to alleviate poverty post-tsunami

The International Finance Corporation today established a program in Banda Aceh to provide assistance to small- and medium-sized enterprises (SME’s) in Aceh and Nias.

Indonesian government boosts SMEs financing

The Indonesian government has allocated Rp106 bn (around US$10.5m) for its productive financing program which is aimed at reducing the burden of micro and small scale industries following the fuel oil price increases of October 1.

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